Word: cheaping
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Dates: during 2000-2009
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When I reported my failure to Lauren Weber, author of In Cheap We Trust, she told me my whole plan was faulty. "Stay away from Ikea, stay away from the mall, stay away from Costco," she said. "How often do you walk in and walk out with 50 pounds of M&Ms?" She said some other useful stuff after that, but I was already out the door to go to Costco to buy a 50-pound bag of M&Ms. (See 10 things to buy during the recession...
...Becoming an Anglophone isn't cheap - but that's not stopping students from signing up. Laetitia Marcellesi says she had to get a job to pay for the course, while her classmate, Justine Boussin, took out a loan to finance a study-abroad trip to London. Only time will tell if future French students will start getting this type of practical training for free at school or whether they'll have to keep paying for it once they graduate...
...specialize in fatty acids have warned it could allow food manufacturers to deceive consumers. They say that without clear labels, companies can use plant-derived omega-3s in their products and pass them off as the superior, fish-derived omega-3s. "They would be able to pour in cheap plant oils, but imply that they deliver the same health benefits as fish oils," says John Stein, a neurophysiology professor at Oxford University and one of the scientists urging the European Parliament to vote against the proposal and instead set up a scientific committee to advise on omega-3 food labeling...
Main Street has paid a price for the ultra-low interest rates the Fed has kept in place to encourage banks to lend and to keep commerce flowing. Cheap money is nice for lenders and borrowers - but it's devastating for savers, especially for retirees who use interest income to supplement Social Security. If you had $500,000 stashed away - not a bad nest egg - you could earn a no-risk $20,000 to $25,000 annually (before taxes) two years ago buying bank CDs or short-term Treasury securities. Now you earn less than $5,000 in an average...
Fashion Faux Pas: Let's see. Oversized t-shirt + raggedy skinny tie + cheap leather mini skirt + fishnet stockings...